A. Schulman Inc. (NASDAQ:SHLM) – Investment analysts at SunTrust Banks reduced their Q2 2017 EPS estimates for shares of A. Schulman in a note issued to investors on Tuesday. SunTrust Banks analyst J. Freuchtel now expects that the firm will post earnings of $0.33 per share for the quarter, down from their previous estimate of $0.35. SunTrust Banks also issued estimates for A. Schulman’s Q4 2017 earnings at $0.57 EPS, FY2017 earnings at $2.10 EPS, Q1 2018 earnings at $0.56 EPS, Q2 2018 earnings at $0.47 EPS, Q3 2018 earnings at $0.80 EPS and Q4 2018 earnings at $0.75 EPS.

Several other research analysts have also weighed in on the company. Seaport Global Securities lowered A. Schulman from a “buy” rating to a “neutral” rating and set a $33.00 target price on the stock. in a research report on Thursday, November 17th. TheStreet lowered A. Schulman from a “buy” rating to a “hold” rating in a research report on Wednesday, November 2nd. Zacks Investment Research lowered A. Schulman from a “hold” rating to a “sell” rating in a research report on Tuesday, November 1st. Northcoast Research lowered A. Schulman from a “buy” rating to a “neutral” rating in a research report on Friday, October 28th. Finally, Gabelli raised A. Schulman from a “hold” rating to a “buy” rating in a research report on Tuesday, October 4th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $32.50.

Earnings History and Estimates for A. Schulman (NASDAQ:SHLM)

WARNING: “Q2 2017 EPS Estimates for A. Schulman Inc. Decreased by SunTrust Banks (SHLM)” was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this story on another publication, it was copied illegally and reposted in violation of United States & international trademark & copyright laws. The legal version of this story can be accessed at https://www.thecerbatgem.com/2016/11/27/q2-2017-eps-estimates-for-a-schulman-inc-decreased-by-suntrust-banks-shlm.html.

Shares of A. Schulman (NASDAQ:SHLM) opened at 33.10 on Friday. A. Schulman has a 12-month low of $19.58 and a 12-month high of $35.31. The stock’s market capitalization is $971.05 million. The stock has a 50 day moving average price of $30.13 and a 200 day moving average price of $27.18.

A. Schulman (NASDAQ:SHLM) last posted its earnings results on Wednesday, October 26th. The company reported $0.47 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.15. A. Schulman had a positive return on equity of 13.97% and a negative net margin of 14.31%. The business earned $604.60 million during the quarter, compared to the consensus estimate of $584.92 million. During the same period in the previous year, the business earned $0.64 EPS. The business’s quarterly revenue was down 10.3% on a year-over-year basis.

The firm also recently announced a quarterly dividend, which was paid on Friday, November 4th. Stockholders of record on Monday, October 24th were paid a dividend of $0.205 per share. The ex-dividend date of this dividend was Thursday, October 20th. This represents a $0.82 annualized dividend and a dividend yield of 2.48%. A. Schulman’s dividend payout ratio is presently -6.60%.

WARNING: “Q2 2017 EPS Estimates for A. Schulman Inc. Decreased by SunTrust Banks (SHLM)” was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this story on another publication, it was copied illegally and reposted in violation of United States & international trademark & copyright laws. The legal version of this story can be accessed at https://www.thecerbatgem.com/2016/11/27/q2-2017-eps-estimates-for-a-schulman-inc-decreased-by-suntrust-banks-shlm.html.

Several hedge funds have recently made changes to their positions in the stock. Tributary Capital Management LLC increased its stake in shares of A. Schulman by 7.3% in the third quarter. Tributary Capital Management LLC now owns 324,180 shares of the company’s stock valued at $9,440,000 after buying an additional 22,071 shares in the last quarter. Cetera Advisors LLC acquired a new stake in shares of A. Schulman during the third quarter valued at $332,000. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of A. Schulman by 75.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 26,100 shares of the company’s stock valued at $760,000 after buying an additional 11,200 shares in the last quarter. Boston Private Wealth LLC increased its stake in shares of A. Schulman by 17.2% in the third quarter. Boston Private Wealth LLC now owns 10,434 shares of the company’s stock valued at $304,000 after buying an additional 1,535 shares in the last quarter. Finally, Clinton Group Inc. acquired a new stake in shares of A. Schulman during the third quarter valued at $229,000. Institutional investors own 92.52% of the company’s stock.

A. Schulman Company Profile

A. Schulman, Inc is a supplier of plastic formulations, resins and services. The Company’s segments include Europe, Middle East and Africa (EMEA); United States & Canada (USCAN); Latin America (LATAM); Asia Pacific (APAC), and Engineered Composites (EC). The Company operates in six product families: custom performance colors (CPC), engineered composites, masterbatch solutions, engineered plastics, specialty powders and distribution services.

5 Day Chart for NASDAQ:SHLM

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